Sample Room (review copy)
by Chen Jiagang
Photographs: Chen Jiagng
Publisher: Editions Bessard
72 pages
Pictures: colour illustrations throughout
Year: 2013
ISBN: 978-295372045-7
Price: 79 63.20 €
Comments: Hardcover, no DJ, in a slide-in case, numbered
Looking across history, changing societies pass through three phases. The first phase is an accumulative phase, where society plants a gourd and gets a gourd, plants a bean and gets a bean. The second phase is a transfer-of-wealth period where gourds and beans are planted but plundered by others. The third phase is a mature wealth phase where gourds and beans are planted and reaped in bounty. Chinese real estate is currently in the second phase mentioned above, which is the most problematic phase. In this period, survival and safety are the paramount concerns.
A lot of the commodity properties in China reek of corruption. That is to say, there is no other industry in China so closely connected to politics, economics, social welfare and the media. All of the problems throughout its process, from the demolition of homes to urban planning, to development and construction and on to the sale of buildings and property management, are all massive problems. It could be said that real estate makes for the biggest politics in China. In seeking out the order behind the real estate development industry, we have found that it is very difficult to describe the real game of real estate development according to any kind of economic, legal or social order. But upon researching the order of pyramid and ponzi schemes, we finally found something that can describe the order of the real estate development industry: pyramid and ponzi schemes
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Sample Room (review copy)
by Chen Jiagang
Photographs: Chen Jiagng
Publisher: Editions Bessard
72 pages
Pictures: colour illustrations throughout
Year: 2013
ISBN: 978-295372045-7
Price: 79 63.20 €
Comments: Hardcover, no DJ, in a slide-in case, numbered
Looking across history, changing societies pass through three phases. The first phase is an accumulative phase, where society plants a gourd and gets a gourd, plants a bean and gets a bean. The second phase is a transfer-of-wealth period where gourds and beans are planted but plundered by others. The third phase is a mature wealth phase where gourds and beans are planted and reaped in bounty. Chinese real estate is currently in the second phase mentioned above, which is the most problematic phase. In this period, survival and safety are the paramount concerns.
A lot of the commodity properties in China reek of corruption. That is to say, there is no other industry in China so closely connected to politics, economics, social welfare and the media. All of the problems throughout its process, from the demolition of homes to urban planning, to development and construction and on to the sale of buildings and property management, are all massive problems. It could be said that real estate makes for the biggest politics in China. In seeking out the order behind the real estate development industry, we have found that it is very difficult to describe the real game of real estate development according to any kind of economic, legal or social order. But upon researching the order of pyramid and ponzi schemes, we finally found something that can describe the order of the real estate development industry: pyramid and ponzi schemes
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Sample Room (review copy)
by Chen Jiagang
Photographs: Chen Jiagng
Publisher: Editions Bessard
72 pages
Pictures: colour illustrations throughout
Year: 2013
ISBN: 978-295372045-7
Price: 79 63.20 €
Comments: Hardcover, no DJ, in a slide-in case, numbered
Looking across history, changing societies pass through three phases. The first phase is an accumulative phase, where society plants a gourd and gets a gourd, plants a bean and gets a bean. The second phase is a transfer-of-wealth period where gourds and beans are planted but plundered by others. The third phase is a mature wealth phase where gourds and beans are planted and reaped in bounty. Chinese real estate is currently in the second phase mentioned above, which is the most problematic phase. In this period, survival and safety are the paramount concerns.
A lot of the commodity properties in China reek of corruption. That is to say, there is no other industry in China so closely connected to politics, economics, social welfare and the media. All of the problems throughout its process, from the demolition of homes to urban planning, to development and construction and on to the sale of buildings and property management, are all massive problems. It could be said that real estate makes for the biggest politics in China. In seeking out the order behind the real estate development industry, we have found that it is very difficult to describe the real game of real estate development according to any kind of economic, legal or social order. But upon researching the order of pyramid and ponzi schemes, we finally found something that can describe the order of the real estate development industry: pyramid and ponzi schemes
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